YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) has secured approval from the Department of Energy (DoE) to begin permit processing for a proposed ground-mounted solar power project in Capiz province.
DATA CENTERS are expected to consume approximately 89 megawatts (MW) of electricity this year, driven by the growth of new facilities, according to the Data Center Association of the Philippines (DCAP).
MANILA – The Manila Electric Co. (Meralco) said Tuesday electricity rates in its franchise areas declined by PHP0.7499 per kilowatt hour (kWh) this May.
Lopez-led First Gen Corp. (FGen) has partnered with coconut manufacturer and exporter Axelum Resources Corp. to integrate renewable energy (RE) into its operations.
OVER 14,000 megawatts (MW) of new power projects nationwide are committed to go online in the next five years, according to the Department of Energy (DoE).
Citicore Energy REIT Corp. on Friday declared dividends amounting to P0.049 per share, representing income from its guaranteed lease revenues for the first quarter of 2025, backed by lease contracts from its 14 assets.
THE PHILIPPINES’ private investments in green projects declined in 2024 as higher investments in solar and wind energy projects were offset by the drop in waste management and green cement projects.
San Roque Hydropower Inc. proposed to develop two pumped storage hydro projects in Itogon, Benguet with a combined capacity of 1,600 megawatts at a cost of P88.66 billion.
MANILA – Power demand across the Philippines dropped on Monday, which was declared a special non-working holiday for the midterm elections, the National Grid Corp. of the Philippines (NGCP) said Monday.
Singapore-based PacificLight Power Pte. Ltd. (PacificLight), a joint venture between Meralco PowerGen Corp. and First Pacific Co. Ltd., is set to begin commercial operations of its 100-megawatt fast-start capacity in Jurong Island in the second quarter of 2025.